USD/JPY Soars to 34-Year High on Surging US Inflation and Yields

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USD/JPY surged to a near 34-year peak following a hotter-than-expected US inflation report that sharply boosted US Treasury yields. The pair breached the psychologically significant 152.00 level, often cited as a potential intervention trigger, though Japanese authorities have yet to take action. Currently trading near 152.70, the pair gains 0.90%. US Inflation Data Drives Yield […]